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Fiduciary Duty: PBM Transparency Moves the Needle

Take 5 with Cathy Fladeland

Cathy Fladeland, Sr. Regional Sales Director.

Host: Cathy Fladeland, Sr. Regional Sales Director.
Cathy leads the Liviniti TPA sales team, elevating knowledge and understanding of PBM transparency, data-driven solutions and fiduciary duty.

It’s no surprise that employers who go all-in on a transparent, pass-through PBM are better positioned for fiduciary compliance. After all, a transparent plan prioritizes client and member needs, ensures complete cost visibility and avoids conflicts of interest.

Listen to this Take 5 episode to explore how your choice of PBM can help dial back fiduciary exposure and potentially avoid an unwelcome, expensive lawsuit.

We’ll discuss 5 key areas including:
  • Individualized training
  • Fiduciary committee
  • Document repository
  • Processes to monitor service providers
  • Compliance expertise for ongoing support